Commodity reports and news related to the marketing of produce and other goods.

Thursday, July 23, 2015

Vermont Beef Prices Posting Monthly

In an effort to ramp up local and regional food efforts, USDA Market News of the Agricultural Marketing Service is now issuing a local beef report for the state of Vermont each month.

Two Market News reporters recently ventured to the Green Mountain State to meet with existing customers and recruit new ones. Trekking all throughout the state, they visited a total of 10 farms, talked to numerous people about grass-fed beef, and learned about how Market News can better serve this sector of the industry.

USDA Market News reporters gather price and volume data from a number of small producers throughout the state, publishing these locally-raised beef prices and offering general commentary about the market in monthly Market News reports.
Being the first of its kind, this report is pioneering the way beef is marketed. It provides local price information for farmers, increases transparency in the marketplace, and enables institutions – such as banks and insurance companies – to properly assess the value of a small or mid-sized farm, which sells its commodities locally.